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Cardamom falls 0.8% on subdued demand

Adequate stocks in the physical market also influenced the trade

Press Trust of India New Delhi
Cardamom futures for March declined Rs 7.80, or 0.81%, to Rs 954.20 per kg in 707 lots.

At the Multi Commodity Exchange (MCX), the April contract traded lower by Rs 6.30, or 0.63%, to Rs 991 per kg in 179 lots.

Off-loading of positions by traders amid a weak spot market trend on subdued demand led to a fall in cardamom futures prices.

Adequate stocks in the physical market also influenced the trade.

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First Published: Feb 21 2013 | 2:26 PM IST

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